Open Access. Powered by Scholars. Published by Universities.®

Social and Behavioral Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

Articles 2641 - 2670 of 2930

Full-Text Articles in Social and Behavioral Sciences

Increasing Risk: A Definition And Its Economic Consequences, Michael Rothschild, Joseph E. Stiglitz May 1969

Increasing Risk: A Definition And Its Economic Consequences, Michael Rothschild, Joseph E. Stiglitz

Cowles Foundation Discussion Papers

No abstract provided.


Price Variation Duopoly With Differentiated Products And Random Demand, Richard E. Levitan, Martin Shubik May 1969

Price Variation Duopoly With Differentiated Products And Random Demand, Richard E. Levitan, Martin Shubik

Cowles Foundation Discussion Papers

No abstract provided.


Game Theory, Behavior And The Paradox Of The Prisoners Dilemma — 3 Solutions, Martin Shubik May 1969

Game Theory, Behavior And The Paradox Of The Prisoners Dilemma — 3 Solutions, Martin Shubik

Cowles Foundation Discussion Papers

No abstract provided.


A Note On A Variance-Components Model Useful In The Study Of Cross-Sections Over Time, Marc Nerlove Apr 1969

A Note On A Variance-Components Model Useful In The Study Of Cross-Sections Over Time, Marc Nerlove

Cowles Foundation Discussion Papers

No abstract provided.


Optimal Growth With Scale Economies In Overhead Capital, Martin L. Weitzman Apr 1969

Optimal Growth With Scale Economies In Overhead Capital, Martin L. Weitzman

Cowles Foundation Discussion Papers

Following closely the approach to optimal economic growth taken in the work of Frank Ramsey (1928), a highly simplified two-sector model is presented in which the “overhead capital” sector exhibits increasing returns to scale. Basic properties of the optimal growth path are discussed and the optimal policy is explicitly demonstrated for a special case. From an economic standpoint, the model might be relevant in bearing on some issues of development programming. Mathematically, this kind of a model has an interesting structure because it is a combination of convex and concave sub-problems.


On The Applications Of A Recent Combinatorial Algorithm, Terje Hansen, Herbert E. Scarf Apr 1969

On The Applications Of A Recent Combinatorial Algorithm, Terje Hansen, Herbert E. Scarf

Cowles Foundation Discussion Papers

No abstract provided.


Comparison Of K-Class Estimators When The Disturbances Are Small, Joseph B. Kadane Mar 1969

Comparison Of K-Class Estimators When The Disturbances Are Small, Joseph B. Kadane

Cowles Foundation Discussion Papers

No abstract provided.


Shiftable Vs. Non-Shiftable Capital: A Synthesis, Martin L. Weitzman Mar 1969

Shiftable Vs. Non-Shiftable Capital: A Synthesis, Martin L. Weitzman

Cowles Foundation Discussion Papers

No abstract provided.


Risk Aversion Over Time And A Capital-Budgeting Problem, Alvin K. Klevorick Mar 1969

Risk Aversion Over Time And A Capital-Budgeting Problem, Alvin K. Klevorick

Cowles Foundation Discussion Papers

No abstract provided.


The “Bridge Game” Economy: An Exam,Ple Of Indivisibilities, Martin Shubik Mar 1969

The “Bridge Game” Economy: An Exam,Ple Of Indivisibilities, Martin Shubik

Cowles Foundation Discussion Papers

No abstract provided.


An Economic Theory Of Technological Change, William D. Nordhaus Feb 1969

An Economic Theory Of Technological Change, William D. Nordhaus

Cowles Foundation Discussion Papers

No abstract provided.


The Time Allocation Of Consumption Under Debt Limitations, Thayer H. Watkins Feb 1969

The Time Allocation Of Consumption Under Debt Limitations, Thayer H. Watkins

Cowles Foundation Discussion Papers

No abstract provided.


A Note On Behavior Towards Risk With Many Commodities, Joseph E. Stiglitz Jan 1969

A Note On Behavior Towards Risk With Many Commodities, Joseph E. Stiglitz

Cowles Foundation Discussion Papers

No abstract provided.


Money And Permanent Income: Some Empirical Tests, James Tobin, Craig Swan Jan 1969

Money And Permanent Income: Some Empirical Tests, James Tobin, Craig Swan

Cowles Foundation Discussion Papers

No abstract provided.


Some Properties Of “Optimal” Seasonal Adjustment, David M. Grether, Marc Nerlove Dec 1968

Some Properties Of “Optimal” Seasonal Adjustment, David M. Grether, Marc Nerlove

Cowles Foundation Discussion Papers

No abstract provided.


A Long-Run Cost Function For The Local Service Airline Industry: An Experiment On Non-Linear Estimation, George Eads, Marc Nerlove, William Raduchel Dec 1968

A Long-Run Cost Function For The Local Service Airline Industry: An Experiment On Non-Linear Estimation, George Eads, Marc Nerlove, William Raduchel

Cowles Foundation Discussion Papers

No abstract provided.


Optimal Entrepreneurial Decisions In A Completely Stochastic Environment, Nils H. Hakansson Dec 1968

Optimal Entrepreneurial Decisions In A Completely Stochastic Environment, Nils H. Hakansson

Cowles Foundation Discussion Papers

No abstract provided.


Further Evidence On The Estimation Of Dynamic Economic Relations From A Time Series Of Cross-Sections, Marc Nerlove Nov 1968

Further Evidence On The Estimation Of Dynamic Economic Relations From A Time Series Of Cross-Sections, Marc Nerlove

Cowles Foundation Discussion Papers

No abstract provided.


Countably Additive Measures In Cores Of Games, Yakar Kannai Nov 1968

Countably Additive Measures In Cores Of Games, Yakar Kannai

Cowles Foundation Discussion Papers

No abstract provided.


Soviet Postwar Economic Growth And Capital Labor Substitution, Martin L. Weitzman Oct 1968

Soviet Postwar Economic Growth And Capital Labor Substitution, Martin L. Weitzman

Cowles Foundation Discussion Papers

No abstract provided.


Regularity In The Distribution Of Participation In Group Discussions, Joseph B. Kadane, Gordon H. Lewis Sep 1968

Regularity In The Distribution Of Participation In Group Discussions, Joseph B. Kadane, Gordon H. Lewis

Cowles Foundation Discussion Papers

Reports have been published indicating striking regularities in the distribution of participation in group discussions, regularities potentially important in the understanding of small group processes. Several attempts to explain the form of the regularity contain implications for many sociological analyses. These attempts to explain the regularity are found to be inadequate; at the same time, the regularity is found to be somewhat doubtful.


Theory Of Liquidity Preference And The Term Structure Of Interest Rates, Joseph E. Stiglitz Aug 1968

Theory Of Liquidity Preference And The Term Structure Of Interest Rates, Joseph E. Stiglitz

Cowles Foundation Discussion Papers

No abstract provided.


Money Illusion, Price Expectations, And The Aggregate Consumption Function, William H. Branson, Alvin K. Klevorick Aug 1968

Money Illusion, Price Expectations, And The Aggregate Consumption Function, William H. Branson, Alvin K. Klevorick

Cowles Foundation Discussion Papers

No abstract provided.


Stochastic Theories Of Participation, Joseph B. Kadane, Gordon H. Lewis, John G. Ramage Aug 1968

Stochastic Theories Of Participation, Joseph B. Kadane, Gordon H. Lewis, John G. Ramage

Cowles Foundation Discussion Papers

A recent mathematical model by Horvath which predicts the process of participation in group discussions is compared to several alternative models. The models can be applied to data for which the basic unit is the act and to data for which the basic unit is a continuous sequence of acts. In both cases, when statistical tests of significance are employed, most of the more restrictive models are rejected.


The Distribution, When The Residuals Are Small, Of Statistics Testing Overidentifying Restrictions, Joseph B. Kadane Jun 1968

The Distribution, When The Residuals Are Small, Of Statistics Testing Overidentifying Restrictions, Joseph B. Kadane

Cowles Foundation Discussion Papers

In the estimation of simultaneous equation econometric models, overidentifying restrictions improve estimates of the remaining parameters. Natural test statistics for the hypothesis that an equation is overidentified have been developed by Anderson and Rubin and by Basmann. If the residuals are jointly normal, serially uncorrelated, and small, both the above overidentification test statistics have the Snedecor F distribution asymptotically as the variance of the residuals get small. This gives analytic confirmation of Monte Carlo results of Basmann. The results given apply to linear models in which predetermined variables can be exogenous or lagged endogenous.


Lags In Fiscal And Monetary Impacts On Investment In Producers’ Durable Equipment, Charles W. Bischoff Jun 1968

Lags In Fiscal And Monetary Impacts On Investment In Producers’ Durable Equipment, Charles W. Bischoff

Cowles Foundation Discussion Papers

No abstract provided.


A Note On A Simulated Stock Market, Martin Shubik Apr 1968

A Note On A Simulated Stock Market, Martin Shubik

Cowles Foundation Discussion Papers

No abstract provided.


Some Experimental Non-Constant-Sum Games Revisited. Perception Of Opponent's Payoffs. Part Iii, Martin Shubik, David H. Stern Mar 1968

Some Experimental Non-Constant-Sum Games Revisited. Perception Of Opponent's Payoffs. Part Iii, Martin Shubik, David H. Stern

Cowles Foundation Discussion Papers

No abstract provided.


The Effects Of Income, Wealth, And Capital Gains Taxation On Risk Taking, Joseph E. Stiglitz Mar 1968

The Effects Of Income, Wealth, And Capital Gains Taxation On Risk Taking, Joseph E. Stiglitz

Cowles Foundation Discussion Papers

No abstract provided.


An Experimental Research In Oligopoly, James W. Friedman Feb 1968

An Experimental Research In Oligopoly, James W. Friedman

Cowles Foundation Discussion Papers

No abstract provided.